[8-K] NexMetals Mining Corp. Reports Material Event

Rhea-AI Filing Summary

Broadridge Financial Solutions (BR) – Form 4/A insider filing

Director Robert N. Duelks submitted an amended Form 4 detailing a 06/06/2025 transaction. The amendment corrects the original filing to show that the Robert N. Duelks 2007 Revocable Trust—not the director’s direct account—sold 500 common shares at $245.1495 (code “S”).

Post-sale holdings stand at 8,853 BR shares for the trust (indirect ownership “I”) and 20,358 shares held directly by Duelks. No derivative securities or additional transactions were reported.

The update improves disclosure accuracy but also confirms a modest insider sale.

Positive

• Improved transparency: Amendment clarifies that shares were sold by the revocable trust, enhancing accuracy of insider ownership records.

Negative

• Insider sale: Director-related trust disposed of 500 shares, a modest but negative sentiment indicator.
• Prior misreporting: Original Form 4 contained an ownership classification error requiring correction.

Insights

Financial Analyst

TL;DR: Small trust sale; corrective filing; immaterial to BR valuation—neutral impact.

The transaction involves only 500 shares, a negligible portion of Broadridge’s float and of Duelks’ combined 29,211-share stake. Because the stock was sold by a revocable trust, it likely reflects personal portfolio management rather than a signal on fundamentals. The amendment removes a classification error, restoring clarity to insider ownership data. No change to earnings outlook, liquidity, or capital structure; therefore I view the market impact as neutral.

Corporate Governance Expert

TL;DR: Filing corrects ownership misstatement; transparency improved, but initial error is a governance blemish.

Section 16 compliance requires precise disclosure. The original misclassification—direct versus indirect holding—was promptly fixed, limiting regulatory risk. While the 500-share sale is minor, the need for an amendment highlights the importance of robust internal controls over insider reporting. Investors should monitor for repeat errors, yet one isolated correction is unlikely to sway governance assessments materially.

false 0000795800 0000795800 2025-07-28 2025-07-28 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 28, 2025

NEXMETALS MINING CORP.

(Exact name of registrant as specified in its charter)

Ontario, Canada

(State or other jurisdiction of incorporation)

001-42750		00-0000000N/A
(Commission File Number)		(IRS Employer Identification No.)

Suite 3400, One First Canadian Place P.O. Box 130 Toronto, Ontario, Canada		M5X 1A4
(Address of principal executive offices)		(Zip Code)

(604) 770-4334

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Shares, no par value		NEXM		Nasdaq Stock Market LLC (Nasdaq Capital Market)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure.

On July 28, 2025, NexMetals Mining Corp. (the “Company”) issued a news release reporting initial results from its bulk test work using X-ray transmission ore sorting at its past-producing Selebi Mine in Botswana. A copy of this press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference. The Company undertakes no obligation to update, supplement or amend the materials attached hereto as Exhibit 99.1.

The information in this Current Report on Form 8-K (including Exhibit 99.1 attached hereto) is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Exchange Act or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
99.1		Press Release dated July 28, 2025 (furnished herewith pursuant to Item 7.01).
104		Cover Page Interactive Data File (embedded within Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	NEXMETALS MINING CORP. (Registrant)
	By:	/s/ Morgan Lekstrom
		Morgan Lekstrom
		Chief Executive Officer

Date: July 28, 2025

FAQ

How many Broadridge (BR) shares did Robert Duelks' trust sell on 06/06/2025?

The Form 4/A reports a sale of 500 common shares by the Robert N. Duelks 2007 Revocable Trust.

At what price were the Broadridge shares sold?

The shares were sold at $245.1495 per share.

How many BR shares does the trust own after the sale?

Following the transaction, the trust owns 8,853 shares indirectly.

Why was the Form 4 amended?

The amendment corrects the earlier filing, showing the sale came from the revocable trust rather than Duelks’ direct holdings.

What are Robert Duelks’ direct holdings in Broadridge after the amendment?

He continues to hold 20,358 shares directly, unchanged by this filing.